Plotting Fibs on Your Charts The Fibonacci price levels on a chart are referred to as Fibs. Many charting packages have drawing tools that include Fib retracement.

If you'd like to learn more about Fibonacci and how to apply it to your trading strategy, download the entire 14-page free eBook, How You Can Use Fibonacci to Improve Your Trading.

What Is Fibonacci Retracement and How to Use it Colleagues go over financial data on a tablet while siting together at a conference table.

Fibonacci Retracement and Extensions Video Tutorial What is the Fibonacci Numbers and the Golden Ratio? Leonardo Pisano Bogolla is the founding father of the Fibonacci sequence.

The key Fibonacci percentages help traders identify support and resistance levels As new traders flood the market, a return to the basics may help novices understand the fundamentals of options ...

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers.

Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.

Fibonacci Retracement Levels The prominent feature of Fibonacci is the series of retracement levels that are offered as potential support and/or resistance.

Without diving too heavily into the math, Fibonacci analysis is based on a series of numbers developed by Italian mathematician Leonardo Fibonacci in the 12th century.